Dear Experts,
In our procurement scenario we get a ordered product from our vendor after 4 months from the date of order.
Therefore I creat a PO today and give the delivery date of after 4 months. Now at the time of goods receipt after 4 months the price of the material changes.
1. Our client's requirement is , either we do migo at the changed price(latest price) and do a retro adjustment on the price difference? eg- order a quantity at $ 100 and received at $ 102, so migo should happen at 102 and adjustment entry should be posted for $2.
Or
2. Can I changed the PO total price after 4 months?
Thanks in advance.
Regards
Paul